8 Westwood DrMillportNY14864
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Millport at 8 Westwood Dr, Millport, NY, 14864 at $334,900 posts ROI 18.04% with from $2,063/mo rent. Total monthly income equals $2,063/mo. Return on cash invested measures 18.04% and rental yield reads 7.39% at the current $334,900. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 by year five. Five-year ROI prints 93.43% and total cumulative return in cash totals $103,729. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,063/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
4.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14864, Millport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 407 (70.8%) |
| Renter Occupied HU | 124 (21.6%) |
| Vacant Housing Units | 44 ( 7.7%) |
| Median Home Value | $162,946 |
| Average Home Value | $193,415 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
21
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